BR100 Increased By (0.45%)
BR30 Increased By (0.37%)
KSE100 Increased By (0.25%)
KSE30 Increased By (0.13%)
BECO 6.03 No Change ▼ 0.00 (0%)
BML 57.64 Increased By ▲ 4.89 (9.27%)
BOP 34.17 Decreased By ▼ -0.08 (-0.23%)
CNERGY 8.20 Increased By ▲ 0.04 (0.49%)
DCL 12.13 Decreased By ▼ -0.21 (-1.7%)
FCCL 54.01 Increased By ▲ 0.12 (0.22%)
FCSC 5.37 Increased By ▲ 0.15 (2.87%)
FFL 18.08 Increased By ▲ 0.05 (0.28%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.35 Increased By ▲ 0.35 (3.18%)
KEL 8.16 Increased By ▲ 0.05 (0.62%)
KOSM 5.47 Increased By ▲ 0.09 (1.67%)
MLCF 88.80 Increased By ▲ 0.75 (0.85%)
NBP 186.45 Decreased By ▼ -0.03 (-0.02%)
PACE 10.95 Increased By ▲ 0.23 (2.15%)
PAEL 40.51 Increased By ▲ 0.57 (1.43%)
PIAHCLA 26.31 Increased By ▲ 0.14 (0.53%)
PIBTL 17.35 Increased By ▲ 0.03 (0.17%)
PPL 232.64 Decreased By ▼ -0.14 (-0.06%)
PRL 34.93 Decreased By ▼ -0.02 (-0.06%)
PTC 66.93 Decreased By ▼ -0.63 (-0.93%)
SEARL 91.60 Increased By ▲ 0.67 (0.74%)
SSGC 27.18 Increased By ▲ 0.01 (0.04%)
TELE 8.54 Decreased By ▼ -0.03 (-0.35%)
THCCL 64.65 Increased By ▲ 4.52 (7.52%)
TPLP 9.09 Increased By ▲ 0.33 (3.77%)
TREET 24.68 Increased By ▲ 0.14 (0.57%)
TRG 72.86 Increased By ▲ 1.11 (1.55%)
WAVES 10.75 Increased By ▲ 0.77 (7.72%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
Markets

Sri Lanka's tea output in January rises 11.9pc y/y

Published February 20, 2018 Updated February 20, 2018 01:26pm

COLOMBO: Sri Lanka's tea output in January rose 11.9 percent from a year earlier, due to favourable agro-climatic conditions and a lower base, the state-run Tea Board said on Tuesday.

"The climatic conditions were good and also the 2017 January production was lower with compared to the two previous years," Sri Lanka Tea Board Director-General S.A. Siriwardena told Reuters.

The island nation's tea output rose 5 percent to 307.1 million kg in 2017, recovering from a seven-year low of 292.6 million kg hit in the previous year.

Industry officials expects production to reach 320 million kg in 2018 if weather holds but the ban of cost-effective weedicides, disruption to regular agricultural practices and high cost of fertilizers could impact the production outlook.

Tea production in 2017 was impacted by severe drought followed by flooding, poor application of fertilisers, a government ban on pesticides, and restricted labour.

Tea is Sri Lanka's top agricultural export commodity and one of the main foreign currency earners for the $81 billion economy.

 

 

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed for this article.